Provides geoscientists with consistent, unbiased, and accurate assessments of exploration opportunities in any environment or risk scenario, to optimize exploration plans.
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Assess exploration opportunities and optimize exploration plans
GeoX exploration risk, resource, and value assessment software provides easy-to-use and scalable decision support for consistent, unbiased, and accurate assessments of the exploration opportunities in any environment or risk scenario. Geoscientists can customize GeoX software to fit their requirements and promote their best exploration practice, complementing subsurface investigations performed in PetroMod petroleum systems modeling software and the Petrel E&P software platform.
Formulate the best exploration plans
Assess clusters of exploration opportunities around a hub or concession. Accommodate commitment wells and optimize the overall exploration portfolio performance. Value full portfolio with model-based generation of production and cash flows. Use a single system for modeling conventional and unconventional resources. Learn from systematic assessment of pre- and post-drill performance tracking. Leverage our global fiscal library to ensure consistent evaluation of international opportunities.
Evaluate leads and prospects
Assess risk and resource opportunities for multiple reservoir compartments. As the opportunity matures and data improves, analysis expands to capture all relevant uncertainties with best-in-class volumetric and risk-modeling options.
Determine the true value of opportunities
Full-cycle value modeling mirrors uncertainties, risks, and dependencies. With GeoX software geoscientists can analyze simple opportunities or complex clusters and model various stages of exploration, pilot, development, and production, to assess the true potential of each plan..